One breath=my death.
I restart from my last save... just when I first spot it. This time, I RUN in the opposite direction, jump in a stream and hide under a bridge. It finds me. One breath=death... in the water. With frost resist boots on.
Jimminy those things dish out the damage. I thought I was pretty tough... then this game showed me that I'm not nearly as tough as I need to be.
So now I'm hiding in some dead man's tomb full of death and spiders... anything is better than that dragon.